AXS Price Rallies While GRT Is Trying Hard To Go Bullish
- The AXS price finally broke the trend and rocketed high.
- Both AXS and GRT prices indicate a significant upward tendency.
The crypto market has been steadily rising with many coins renewing their ATH recently including bitcoin. AXS price rose over 100% in the first few days of Q4. Price above $100 was quickly depleted and started to trend within a very tight margin. With the latest price spike, the asset managed to break the levels it had been trying to for a long time.
The asset hit a monthly high of $160 at the start of the month, but the bears rapidly recouped their gains. So AXS pricing started a tight trend between $113 and $137 for about a week. The price was trapped in a downward triangle, and a return to earlier levels seemed likely.
With today’s spike, the AXS price finally broke the trend and rocketed high. A solid recovery from the bearish divergence. This level may be the threshold for the forthcoming bull rally as it provides quick and firm support.
GRT Striving Hard
Since the mid-May fall, The Graph token price has been on a downward trend. Despite this, the price is now testing critical levels that might influence the next move. However, the price is still battling to break through these levels, which may happen soon.
GRT price fell steadily from late August to late September 2021, hitting a low of $0.6. However, the asset recovered back after hitting a low in mid-October and touching $1.05. A significant gain from here might spark a rally towards $1.6.
In the following days, both AXS and GRT prices indicate a significant upward tendency. So, breaking the first barrier may be forthcoming. But the affirmation would be based only on the confirmations. According to CoinMarketCap, the price of The Graph today is $1.01 USD and the Axie Infinity price today is $132.66 USD.
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